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Tuesday, February 7, 2023
US corporation Railnet eyes Africa with modern railway line

US corporation Railnet eyes Africa with modern railway line

By Reuters U.S.-based Railnet International plans to invest an estimated $11 billion in a modern railway line and high speed trains linking Zambia, Zimbabwe and Mozambique, its chief executive said on Sunday. Railnet CEO Donald Kress...
Shelter Afrique appoints a new board chairman of the 120th board

Shelter Afrique appoints a new board chairman of the 11th board

Shelter Afrique the Pan-African Housing Financier dealing exclusively with the promotion of affordable housing has appointed a new Board Chairman. Mr Daniel Nghidinua of Namibia replaces Mr Jean Paul Missi of Cameroon, who remains...
Landmark ruling for Southern African Gold Miners

Landmark ruling for Southern African Gold Miners

South African High Court on Friday approved a groundbreaking settlement on behalf of Southern African gold miners suffering from occupational lung disease.  The historic class action settlement, the first ever of its kind in...
Inspired Evolution invests in solar development in Africa

Inspired Evolution invests in solar development in Africa

Inspired Evolution has signed a deal to invest up to USD36 million in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables. The investment by Inspired Evolution’s Evolution II Fund will...
Berbera Port

Port operator DP World introduces first cranes to Berbera Port

DP World Berbera has achieved another milestone for Somaliland, commissioning the first Mobile Harbour Cranes (MHCs) at the Port of Berbera this month. The introduction of the MHCs is a landmark development by DP World...
AIIM exits two South African renewable energy projects

AIIM exits two South African renewable energy projects

African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments, has announced the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a 75MW...
South Africa's freight operator Transnet now ready to expand

South Africa’s freight operator Transnet now ready to expand

South Africa’s main freight operator Transnet is now ready and well positioned to spread its wings elsewhere on the continent, the company’s group Chief Executive Siyabonga Gama has said. Speaking at the just concluded African...
Morocco mulls Africa’s tallest wind farm tower

Morocco mulls Africa’s tallest wind farm tower

Spanish firm Nabrawind Technologies is set to develop a major wind farm in Morocco which Upon completion will become Africa's tallest wind farm tower with a hub height of 144 metres. The tower committed by Nabrawind has...
US company to construct multi-million dollar trade hub for Zimbabwe, Mozambique and Zambia

US firm to construct huge trade hub for Zimbabwe, Mozambique and Zambia

Zura Southern Africa, an American company, is set to establish a US$160 million multi-model international trade hub for Zimbabwe, Mozambique and Zambia. The trade hub, which will be the first of its kind, is set...
Seychelles plans first floating solar PV plant in Africa

Seychelles plans first floating solar PV plant in Africa

Seychelles will soon become home to first floating solar PV plant in Africa following plans to launch a tender for the construction of the project. It will also be one of the first salt-water floating...

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